—— AI Blood Test Firm Raises $100M; Fed Speech Calms Investors; Lululemon Founder Pledges Shares for Loan; Apollo Lends $40B; Rivian Gets $827M Subsidy; Carvana Soars 40%; Gaza Rebuilding May Cost $50B 1. AI Blood Test Firm Raises $100M AI-powered blood testing startup Karius has raised $100 million in its latest funding round, led by …
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Market Beats | NYPD Arrests Over 100 Student Protesters; U.S. Job Openings Fall to 3-Year Low; Starbucks Reports First Sales Decline; Bitcoin Hits Multi-Month Low; AMD Earnings Miss Expectations
—— US Job Openings Hit 3-Year Low; NYPD Arrests 100+ Student Protesters; Starbucks Reports First Sales Drop; Bitcoin Falls to Multi-Month Low; AMD Misses Forecast; CVS Plunges 20%; Crude Inventories Hit 10-Month High 1. US Job Openings Hit 3-Year Low According to data released today by the U.S. Bureau of Labor Statistics, job openings in …
Market Beats | Apple Poaches Top Google AI Talent; U.S. Consumer Confidence Plunges; U.S. Home Prices Accelerate; Walgreens Hits 26-Year Low; BlackRock Launches Saudi Joint Fund
—— US Consumer Confidence Plunges; Home Price Gains Accelerate; Walgreens Hits 26-Year Low; Walmart Shuts Down Health Clinics; BlackRock and Saudi PIF Form JV; Apple Poaches Google AI Talent; Eli Lilly Raises Outlook, Shares Surge 1. US Consumer Confidence Plunges The Conference Board reported today that U.S. consumer confidence in April fell to its lowest …
Market Beats | China Approves Tesla Driver-Assist System; WeWork Reaches Restructuring Deal; Japan Suspected of Currency Intervention; Blackstone Acquires Hipgnosis; Coca-Cola Bottler Plans IPO
—— China Approves Tesla’s Driving System; Surge in End-of-Day Trading; WeWork Restructuring Deal; Suspected Yen Intervention; Blackstone Acquires Hipgnosis; Cravath Moves to Hudson Yards; Coca-Cola Bottler Plans IPO 1. China Approves Tesla’s Driving System Sources revealed that after Tesla CEO Elon Musk visited China, the company secured a major regulatory breakthrough. China has conditionally approved …
Market Beats | Google Surges 13% After Strong Earnings; Huawei’s New Phone Features China-Made Chip; Austin Home Prices Tumble as Hype Fades; Porsche Profits Plunge 30%; U.S. White-Collar Hiring Slows
—— Google Jumps 13% After Strong Earnings; Huawei’s New Phone Uses Domestic Chip; Austin Home Prices Plunge; Intel Sees Biggest Drop in 4 Years; Porsche Profit Falls 30%; March PCE Stays Hot; White-Collar Job Growth Slows 1. Google Surges 13% After Strong Earnings On Thursday evening, Google reported exceptionally strong first-quarter results, with revenue rising …
Market Beats | Meta Plunges Nearly 20%; U.S. Births Hit 40-Year Low; Hyundai Beats Estimates as Won Weakens; Deutsche Bank Reports Highest Profit in 11 Years; Zuoyebang Files for U.S. IPO
—— Meta Plunges Nearly 20%; China GDP Forecast Raised to 4.8%; U.S. Births Hit 40-Year Low; Hyundai Profit Beats on Weaker Won; Nestlé Sales Decline Again; Deutsche Bank Posts Best Profit in 11 Years; Zuoyebang Files for U.S. IPO 1. Meta Plunges Nearly 20% On Wednesday night, Meta Platforms released a disappointing quarterly earnings report, …
Market Beats | Microsoft and Coca-Cola Form Strategic Partnership; U.S. Business Activity Slows; Nvidia Acquires Run:ai for $700M; Tesla Accelerates Launch of Budget EV; Lamborghini Unveils Hybrid SUV
—— U.S. Business Activity Slows; iPhone Sales Plunge in China; Nvidia Acquires Run:ai for $700M; Mortgage Rates Hit 5-Month High; Tesla Accelerates Affordable EV Plans; Lamborghini Launches Hybrid SUV; Microsoft and Coca-Cola Form $1.1B AI Partnership 1. U.S. Business Activity Slows In April, the S&P U.S. Composite PMI fell 1.2 points to 50.9, the lowest …
Market Beats | U.S. Student Loan Rates Hit Record High; Brookfield Acquires Bankrupt Apparel Chain; Global Stocks Rebound from Sell-Off; Miami Airport Credit Rating Upgraded; German Real Estate Faces Broad Valuation Declines
—— Brookfield Acquires Bankrupt Retailer; Global Stocks Rebound; SAP Cloud Revenue Surges; U.S. Student Loan Rates Hit 16-Year High; Miami Airport Bond Rating Raised; UK’s FTSE 100 Hits Record; German Property Prices May Fall 1. Brookfield Acquires Bankrupt Apparel Retailer U.S. retail chain Express announced today that it has been acquired out of Chapter 11 …
Market Beats | SpaceX Rocket Explodes After Launch; Blackstone Profit Falls 36%; Goldman Sachs Invests $1.15B in Affordable Housing; Snap Paid Subscribers Surpass 3 Million; Nestlé Faces Shareholder Pressure Over Unhealthy Products
— SpaceX Rocket Explodes After Launch; Blackstone Profit Drops 36%; Goldman Invests $1.15B in Affordable Housing; ChangXin Memory Plans Domestic IPO; Snap Surpasses 3M Paid Users; AMEX Card Spending Rises; Nestlé Pressured on Unhealthy Products 1. SpaceX Rocket Explodes After Launch Today, SpaceX launched its nearly 400-foot-tall super heavy rocket on its maiden flight. The …
Market Beats | Netflix Handily Beats Expectation; Oyo Hotels Seeks $450M Refinance; Israel Launches Retaliatory Strikes; Amex Revenue Exceeds Forecast; P&G Raises 2024 Profit Outlook; Apollo and Sony Team Up to Bid For Paramount; Tesla Recalls Near 3,900 Cybertrucks
—— Netflix Handily Beats Expectation; Oyo Hotels Seeks $450M Refinance; Israel Launches Retaliatory Strikes; Amex Revenue Exceeds Forecast; P&G Raises 2024 Profit Outlook; Apollo and Sony Team Up to Bid For Paramount; Tesla Recalls Near 3,900 Cybertrucks 1. Netflix Handily Beats Expectation In the initial quarter of 2024, the company acquired 9.33 million new customers, …